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BDAG Outperforms Cardano with Pioneering Blockchain Technology
BlockDAG Keynote Video Sparks Enthusiasm: Cardano and PEPE Prices React to Potential 30,000x ROI
Even though Cardano price is rising from $0.4620, it still lags behind industry giants such as Bitcoin and Ethereum. At the same time, PEPE hit a new all-time high, triggering a wave of profit-taking. Amidst these market changes, BlockDAG establishes itself as one of the leading tier 1 cryptocurrencies.
Its progressive approach was showcased in a recent keynote, along with prominent advertising in Piccadilly Circus, bringing its pre-sale to a whopping $34.9 million. This strategic positioning highlights its technological superiority and immense ROI potential, sparking considerable interest among cryptocurrency enthusiasts.
Cardano price faces strong resistance
Cardano price is returning from the $0.4620 mark, but is still behind Bitcoin and Ethereum. It recently entered a bullish phase, breaking above the barriers of $0.4750 and $0.480, also surpassing $0.50. However, it encountered resistance near $0.510, leading to a slight pullback. Currently, Cardano is trading above $0.480, supported by a crucial uptrend line.
Immediate resistance is near $0.4980, with further hurdles at $0.510 and $0.5250. If Cardano breaks above the $0.5250 mark, it could rise towards $0.5450 or $0.5650. Conversely, failure to break above $0.4980 could lead to a decline, testing the supports at $0.480 and perhaps $0.4620. Therefore, Cardano finds itself at a crucial crossroads, with potential for both growth and further decline.
PEPE peaks, signals profit taking
PEPE reached a new all-time high at $0.00001430, suggesting impending significant selling. As the Network Made Profit/Loss metric indicates, investors are starting to reap profits, typically a precursor to increased sales. This is further supported by the market value to realized value (MVRV) ratio, which shows a profit margin of 38%, suggesting a bias towards profit taking.
Historical data reveals that PEPE often adjusts after exceeding MVRV levels of between 15% and 36%. Currently, beyond this range, the meme coin could fall to $0.00001251, in line with the 78.6% Fibonacci retracement level. If selling pressure increases, PEPE could fall further to the 61.8% Fib level at $0.00001146, significant support in bull markets.
BlockDAG: Pioneering blockchain with unmatched speed and scalability
BlockDAG, recognized as BDAG, is an important layer 1 cryptography, which leverages the strong consensus of Proof of Work. This blockchain is built to prioritize speed, security, and decentralization. Unlike conventional blockchains, BlockDAG improves transaction efficiency and promotes democratic governance without the typical waste of blocks. Its advanced architecture allows for the simultaneous addition of blocks, greatly improving scalability.
BlockDAG’s hybrid technology facilitates parallel transaction processing, distinguishing it as a unique entity in the cryptocurrency market. This improves performance and positions BlockDAG at the forefront of blockchain technology. The recent keynote video, which vividly demonstrates these capabilities, significantly boosted pre-sale results to an impressive $34.9 million.
With strategic marketing campaigns in places like Shibuya Crossing and Piccadilly Circus, BlockDAG has garnered widespread attention. These promotions led to a rapid price increase of up to $0.009 in the fifteenth batch of pre-sales. This visibility significantly increases investor interest and confidence in BlockDAG’s potential.
Why BlockDAG is superior to Cardano and PEPE
As the cryptocurrency market undergoes various changes, Cardano and PEPE price show unique dynamics. However, neither matches BlockDAG’s promising path. As a top-tier crypto, BlockDAG features superior technological advancements and offers a more profitable investment opportunity. Currently in its pre-sale phase, which has now risen to $34.9 million, BlockDAG suggests a potential ROI of 30,000x. This creates an invaluable opportunity for investors eager for significant returns.
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Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full information Here.